SOUTH AMBOY NEW JERSEY PARADE COMMITTEE A NJ NONPROFIT

EIN: 412190449 501(c)(3) Arts, Culture & Humanities

SOUTH AMBOY, NJ

Total Revenue
$54,337
Total Expenses
$49,138
Total Assets
$50,596
Net Assets
$50,596
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NJ
Principal Officer
MICHAEL GROSS
Phone
6464234290
Tax Period
2025-01-01 to 2025-12-31

SOUTH AMBOY NEW JERSEY PARADE COMMITTEE A NJ NONPROFIT, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $54K in total revenue in fiscal year 2025. Revenue decreased 20% compared to the prior year. Expenses of $49K left a modest 10% surplus.

Mission

TO ORGANIZE THE PARADE TO HONOR ST PATRICK AND TO SUPPORT LOCAL BUSINESSES AND OTHER CHARITIES IN THE CITY OF SOUTH AMBOY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $54,337
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $54,337

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $49,138
Other Expenses $49,138
TOTAL EXPENSES $49,138

Year-over-Year Comparison

2025 2024 Change
Revenue $54,337 $67,770 -0.2%
Expenses $49,138 $73,018 -0.3%
Net Income $5,199 $-5,248 -2.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL GROSS CHAIRMAN 5.00
Director
$0 $0 $0
JAY ELLIOT CHAIRMAN 5.00
Director
$0 $0 $0
MARIA GRILLO-SPRINGER TREASURER 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $54,337 $49,138 $50,596 $5,199
2024 $67,770 $73,018 $45,398 $-5,248
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